Marine link
 

Danaos Corporation

Danaos Secures Charters for Two Containership Orders

Danaos Corporation has secured 18 year bareboat charters for each of two 6,500 TEU containerships. These vessels are part of the recently placed order with Hanjin Heavy Industries & Construction Co., Ltd. and are expected to be delivered to Danaos in 2009 and 2010. Danaos Corporation also announced today that it delivered the bulk carrier Achilleas to Shanghai Time Shipping Co. LTD according to schedule. The delivery of this drybulk vessel to their new owners brought proceeds of $25.5 million to Danaos, while it expects to book a profit for this part of the sale of $15.7 million.


Danaos Corporation Reports Q4 & Full Year Results

danaos_logo_5.jpg

Athens, Greece, March 17, 2011 – Danaos Corporation ("Danaos") (NYSE: DAC), an international owner of containerships, reported unaudited results for the period ended December 31, 2010. Highlights for the Fourth Quarter and Full Year Ended December 31, 2010: * We took delivery of one 3,400 TEU containership in October 2010, and two more newly built vessels with an aggregate carrying capacity of 13,500 TEU during 2011.


Danaos Re-charters Norasia Hamburg Ahead of 2008 Redelivery

Danaos Corporation has signed an agreement with the United Arab Shipping Corporation to time charter the 3,908 TEU Norasia-Hamburg for a period of 36 months. During the first 12 months of the charter, the charterer has the option to convert the three year charter to a 5 year charter, at lower rate. The charter will begin as of the date when the current employment of this vessel ends in the first quarter of 2008. The Norasia-Hamburg is currently on time charter with CSAV.


Danaos Orders Five Containerships

Danaos Corporation (NYSE: DAC) announced that it has ordered five 12,600 TEU containerships. All five Post Panamax containerships will be built by Hyundai Samho Heavy Industries and are expected to be delivered to Danaos gradually starting from January until August of 2011. Danaos has also arranged for a large international liner company to charter all these vessels for 12 years each, at accretive rates. The deal increases Danaos’ contracted fleet to 32 vessels with a total carrying


Danaos Corp Share Repurchase Program

Corporation (NYSE: DAC) announced that its Board of Directors has approved a share repurchase program and authorized the officers of the company to repurchase, from time to time, up to 1,000,000 shares of the company's common stock (par value $0.01). Danaos Corporation is an international owner of containerships. It currently has a fleet of 39 containerships, aggregating 156,275 TEUs. (www.danaos.com)


Danaos Takes Delivery of CMA CGM ATTILA

Containership owner Danaos Corporation announced that on July 8, 2011, it took delivery of one more newly built containership, the CMA CGM ATTILA, expanding its operational fleet to 56 containerships aggregating 265,559 TEU. The CMA CGM ATTILA, built at Shanghai Jiangnan Changxing Heavy Industry, has a carrying capacity of 8,530 TEU, is 335 meters long and 42.8 meters wide, and has a speed of 25.80 knots. This large post panamax vessel is the largest containership ever built in China and


Danaos Adds 39th Containership

Danaos Corporation (NYSE: DAC) announced Jan. 6, 2009, that it took delivery of one more containership, the Zim Monaco, expanding its operational fleet to a total of 39 containerships aggregating 157,427 TEU. The Zim Monaco has a carrying capacity of 4,253 TEU and was built by Samsung Heavy Industries. It is 853 ft long, 105 ft wide and has a speed of 24.5 knots (about 45 Km/h). The Zim Monaco has already commenced its 12-year time charter at fixed rates immediately upon delivery


Danaos Corporation Adds Largest Vessels Using New Facility

danaos_logo_5.jpg

Athens, Greece, April 6, 2011 - Danaos Corporation (NYSE: DAC) a leading international owner of containerships, announced that on March 10, 2011 and April 6, 2011, it took delivery of two newly built containerships, the Hanjin Germany and the Hanjin Italy, expanding its operational fleet to a total of 53 containerships aggregating 243,529 TEU. The Hanjin Germany and the Hanjin Italy, built at Hyundai Samho Heavy Industries Co


Greeces's Danaos Reports 2011 Results

Greek-based containership owner Danaos Corporation (NYSE: DAC) reported unaudited results for the quarter and full year ended December 31, 2011.  Highlights for the Fourth Quarter and Full Year Ended December 31, 2011: - Operating revenues of $128.3 million for the three months ended December 31, 2011 compared to $100.5 million for the three months ended December 31, 2010, an increase of 27.7%.  - Operating revenues of $468


Danaos Takes Delivery of Fifth New Containership

Greece's Danaos Corporation has  completed its new-building program with the delivery of a fifth & final 13,100 TEU vessel Danaos Corporation, containership owners, announced that on June 29, 2012, it took delivery of its fifth and final 13,100 containership, the HYUNDAI AMBITION, expanding its operational fleet to a total of 64 containerships aggregating 363,049 TEU. The HYUNDAI AMBITION, built at Hyundai Samho Heavy Industries Co


Revenues Up in Danaos' Latest Financial Report

Greece-based container ship owners, Danaos Corp., reports Q3 & nine months results for period ended September 30, 2012. Highlights for the Third Quarter and Nine Months Ended September 30, 2012:   Operating revenues of $156


ILS & Danaos Collaborate on Network Shipping Management Services

Inventory Locator Service sign MOU with Danaos Management Consultants to develop cloud-based procurement & management services. Together the companies will develop a platform called MarineHubsm, a network of companies in the marine industry that will facilitate planned maintenance and


Greece's Danaos Maintains Last Year's Profitability

Danaos Corporation reports fourth quarter and full year results for the year ended December 31, 2012. Financial highlights: Operating revenues of $151.8 million for the three months ended December 31, 2012 compared to $128.3 million for the three months ended December 31, 2011


Greek Container Ship Owner Danaos Still Making Money

Container ship deck: Image courtesy of Danaos

Greek container ship owners, Danaos Corp. reports unaudit financial results for the period ended September 30, 2013 for its chartered out container ship fleet. Highlights for the Third Quarter and Nine Months Ended September 30, 2013 Operating revenues of $148


Danaos Adds 8,530 TEU Containership

Danaos Corporation (NYSE: DAC) on August 22, 2011 took delivery of a new containership, the CMA CGM TANCREDI, expanding its operational fleet to a total of 57 containerships aggregating 274,089 TEU. The CMA CGM TANCREDI, built at Shanghai Jiangnan Changxing Heavy Industry has a carrying capacity


Danaos Adds Containership

Danaos Corporation Adds One More 8,530 TEU Containership to its Fleet.   Danaos Corporation, an international owner of containerships, announced that on October 26, 2011, it took delivery of one more newly built containership, the CMA CGM BIANCA


Danaos Adds Containership to Fleet

Danaos Corporation (NYSE: DAC), took delivery of a new containership, the CMA CGM SAMSON, expanding its operational fleet to a total of 59 containerships aggregating 291,149 TEU. The CMA CGM SAMSON, built at Shanghai Jiangnan Changxing Heavy Industry has a carrying capacity of 8,530 TEU


ExxonMobil Helps Danaos Shipping Extend Engine Life

MV CSCL Europe’s 12-cylinder DOOSAN-MAN B&W K98MC-C engine is lubricated with Mobilgard 570, a cylinder oil formulated by ExxonMobil to reduce piston wear and deposits, and extend piston overhaul intervals in two-stroke marine diesel engines.

Engineers from Athens-based Danaos Shipping together with ExxonMobil, have reportedly extended the overhaul interval required for a piston in a DOOSAN-MAN B&W 12-cylinder K98MC-C engine from 16,000 hours to 42,575 hours. A recent overhaul revealed that cylinder number 11 was in remarkably good


Danaos Adds Largest Newbuilding to Fleet

Danaos Corporation, an international owner of containerships, announced that on February 16, 2012, it took delivery of its largest vessel in the fleet , the HYUNDAI TOGETHER, expanding its operational fleet to a total of 60 containerships aggregating 304,249 TEU.  


Danaos Adds Containership

Danaos Corporation, a leading international owner of containerships, announced that on February 28, 2012, it took delivery of one more newly built containership, the CMA CGM MELISANDE, expanding its operational fleet to a total of 61 containerships aggregating 312,779 TEU.


Danaos Adds Containership to Fleet

Danaos Corporation, an international owner of containerships, announced that on March 8, 2012, it took delivery of one more newly built containership, the HYUNDAI TENACITY, expanding its operational fleet to a total of 62 containerships aggregating 325,879 TEU.  


ExxonMobil Helps Danaos Extends Piston Overhaul

MV CSCL Europe’s 12-cylinder DOOSAN-MAN B&W K98MC-C engine is lubricated with Mobilgard 570, a cylinder oil formulated by ExxonMobil to reduce piston wear and deposits, and extend piston overhaul intervals in two-stroke marine diesel engines.

Engineers from Athens-based Danaos Shipping together with ExxonMobil, reportedly extended the overhaul interval required for a piston in a DOOSAN-MAN B&W 12-cylinder K98MC-C engine from 16,000 hours to 42,575 hours. A recent overhaul revealed that cylinder number 11 was in remarkably good


Vizada Signs Agreement with Danos Shipping

SRHMarineweb.jpg

Vizada and Vizada Elite Partner SRH Marine Electronics S.A. have signed a 24-month agreement with Danaos Shipping Co. Ltd to equip the company’s fleet of vessels with a full broadband communications system.   The partners will provide 1 GB connectivity over Inmarsat FleetBroadband


Danaos Adds Containership to Fleet

Greece-based Danaos Corporation adds a further 13,100 TEU containership to Its major fleet, one more due soon to complete newbuild programme Danaos Corporation, a containership owner, announces  it has taken delivery of one more 13,100 containership, the HYUNDAI SPEED


Greek Containership Owners, Danaos, Report Growth

Danaos Corporation reports (unaudited) Second Quarter and Half Year results for the period ended June 30, 2012. Highlights for the Second Quarter and Half Year Ended June 30, 2012:     •    Operating revenues of $146


 
rss feeds | archive | privacy | history | articles | contributors | top news | contact us | about us | copyright